Committee of Supply 2024 debate, Day 3: Alvin Tan on extending Singapore’s global connections

Singapore is giving its tourism sector a S$300 million shot in the arm. The aim is to develop and market new products and experiences, rejuvenate existing offerings, upskill workers and help local tourism companies become more productive and innovative. Minister of State for Trade and Industry Alvin Tan announced this in Parliament on Friday (Mar 1). His ministry is working with the tourism sector to develop a pipeline of high-quality and first-of-their-kind experiences in Singapore, which will be launched in the coming years. All this is to strengthen the country’s appeal as a vibrant destination for both residents and tourists. Mr Tan said Singapore seeks to extend its connections to strengthen its global trade competitiveness. He gave details in three areas - advancing trade and investment with partner economies, especially those in growing markets; helping local companies scale up and internationalise; and encouraging new trade flows for in-demand areas.